FICTIONAL DOCUMENT FOR PRACTICE - no reference to real people, companies or records

PRODUCT SUMMARY

Purpose: this document gives you key information about this investment. It is not marketing material.

Product: Beta Balanced Global Index Fund - Class R
Manufacturer: Beta Asset Management Ltd (fictional company). Date of this product summary: 5 May 2026.

WHAT IS THIS INVESTMENT?
Type: open-ended investment company (UK UCITS scheme), passively managed.
Objectives: to track an index made of 50% international shares (MSCI World) and 50% bonds in pounds sterling.
Intended investors: investors with basic knowledge and a horizon of at least 5 years.

RISK AND RETURN
Risk and return score: 4 on a scale of 1 (lower risk) to 10 (higher risk).
Recommended holding period: 5 years.

PAST PERFORMANCE
Yearly return of the fund, in pounds, after ongoing costs, transaction costs and any performance fee (the entry charge is not included). In the original document these figures are shown as a line graph of the value of £10,000 invested.
2016: +11.2%
2017: +7.4%
2018: -3.9%
2019: +14.1%
2020: +5.6%
2021: +10.3%
2022: -10.4%
2023: +8.9%
2024: +7.8%
2025: +5.2%
Past performance does not predict future returns. Returns can go down as well as up, and you may get back less than you invested.

WHAT ARE THE COSTS?
Ongoing costs figure: 0.20% a year (£20 a year on £10,000 invested).
Transaction costs: 0.05% of the value of your investment a year (£5 on £10,000).
Performance fee: none.
One-off costs: none (no entry or exit charge).

HOW LONG SHOULD I HOLD IT? CAN I TAKE MY MONEY OUT EARLY?
Recommended holding period: 5 years. You can sell your units on any business day, with no exit charge.